Ex-Tyco CEO Kozlowski denied bid for new parole hearing
NEW YORK (Reuters) - Dennis Kozlowski, the former Tyco International Ltd chief executive convicted of looting the company of more than $100 million, was denied a bid for a new...
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Major law firm Weil to lay off staff, cut partner pay
NEW YORK (Reuters) - Weil Gotshal & Manges, one of the world's most prominent law firms, said on Monday it would lay off 60 associate lawyers and 110 support staff,...
Major law firms Weil, Patton Boggs face layoffs, defections
NEW YORK (Reuters) - In a sign that the financial challenges buffeting the law industry continue unabated, two major U.S. firms are facing significant staff reductions. Weil Gotshal & Manges,...
Journalist fights to keep secret sources on Colorado theater shooting
NEW YORK (Reuters) - Lawyers for a Fox News reporter who is being asked to reveal her anonymous sources in a story about last summer's shooting at a Denver-area movie...
For banks in cyber heist, how to get their money back?
NEW YORK (Reuters) - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain...
Goldman Sachs must face fraud claims from insurer: N.Y. court
NEW YORK (Reuters) - Goldman Sachs Group Inc must face fraud claims brought by CIFG Assurance North America over insurance it provided for $275 million in mortgage-backed securities, a New...
Banker associations sue U.S. over account reporting rule
NEW YORK (Reuters) - Two state banker associations sued the U.S. on Thursday over new rules requiring banks to report account information for non-resident aliens to their home governments as...
Judge tosses discrimination suit against U.S. basketball coach
NEW YORK (Reuters) - A New York judge has dismissed a civil lawsuit against the coach of the champion University of Connecticut women's basketball team brought by a security official...
Authorities charge Swiss banker, attorney in tax probe
NEW YORK (Reuters) - Authorities on Tuesday charged a Swiss banker and a Swiss attorney with helping American clients hide millions of dollars in offshore accounts to evade paying taxes....
Octogenarian lesbian widow gets her day in Supreme Court
WASHINGTON (Reuters) - Gay marriage supporters in front of the Supreme Court only wanted to see one celebrity on Wednesday. As Edith Windsor walked out of the court after arguments...